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Dec 27, 2012
12/12
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the question that i heard mentioned before was underwriting, and bankruptcy laws. it is a big issue with a lot of people out there. if we say they are allowed to be bankrupt, but we think that is going to affect the current market? we have to cut people off. consider the federal loan program, they will guarantee anybody the ability to repay, but because they know there is a guarantee they'll get the loan paid back. the can't charge them bankruptcy, right? how come we guarantee loans without their ability to pay? and woe schools be interested in standing behind their product? if a student defaults, with the school step up and pay the loan back? would they pay that loan back? >> it would as a result of higher tuition because the schools don't necessarily have a substantial endowments. the consequence of bankruptcy discharge would be people in over their head would have the option of the light at the end of the tunnel, it would force the lenders to offer more compromises, since they know that the alternative is losing that loan entirely to a bankruptcy discharge, he m
the question that i heard mentioned before was underwriting, and bankruptcy laws. it is a big issue with a lot of people out there. if we say they are allowed to be bankrupt, but we think that is going to affect the current market? we have to cut people off. consider the federal loan program, they will guarantee anybody the ability to repay, but because they know there is a guarantee they'll get the loan paid back. the can't charge them bankruptcy, right? how come we guarantee loans without...
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Dec 27, 2012
12/12
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if you are teaching a class in corporate law in a business school or a law school, or discussing corporations in an economics class, it is much easier to say these are things that are on by shareholders, than to describe what are very complex political institutions that are legal entities in their own right. a concept that many have a hard time grasping. it also suggests that if you are an academic who likes to run empirical test, you have a perfect proxy for sheer performance in the form of share price. you can measure whether governance is good or bad by simply looking at whether the stock prices went up or down. but academics are not that powerful and interest group, right? to others weighed in. two others weighed in. one was the so-called corporate raiders of the 1980's who eventually became the head funds of the 1990's. -- hedge funds. they loved shareholder value ideology. it allows them to go take stakes in companies, harassed the boards into doing things that would raise the share price in the short term, although probably hurt the companies long-term profitability and even survival a
if you are teaching a class in corporate law in a business school or a law school, or discussing corporations in an economics class, it is much easier to say these are things that are on by shareholders, than to describe what are very complex political institutions that are legal entities in their own right. a concept that many have a hard time grasping. it also suggests that if you are an academic who likes to run empirical test, you have a perfect proxy for sheer performance in the form of...
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Dec 27, 2012
12/12
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laws and into the hands of criminals. it is difficult to stop this. one thing we think needs to be done is have the federal government spend more time and resources to focus on this trafficking of guns. so totally agree that something needs to be done about the illegal trafficking of guns. on "fast and furious" holder made clear that he thinkings that serious mistakes were made in the investigation and it was a horrific tragedy that some of the guns they were using in the gun trafficking in mexico that was used in crimes that killed american agents. it does not appear that anything illegal was done, there were a few mistakes made, but in my view at least, ther on the general has been forthright about it. there are some in congress that try to politicize it but i think the questions have been answered. host: what is the best way to get gun lus for your own particular state? guest: generally state police will have information on their website. the brady act had factings on their website. there are other groups and their web
laws and into the hands of criminals. it is difficult to stop this. one thing we think needs to be done is have the federal government spend more time and resources to focus on this trafficking of guns. so totally agree that something needs to be done about the illegal trafficking of guns. on "fast and furious" holder made clear that he thinkings that serious mistakes were made in the investigation and it was a horrific tragedy that some of the guns they were using in the gun...
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Dec 25, 2012
12/12
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understand what is law and what is rule of law? why should he meant to deal with each other in this way? -- humans deal with each other in this way? they know they cannot be influenced. in my family, when i was fighting with my parents, i could not win because they were my parents. what kind of steps will you allow ordinary people to understand the rule of law? why do we need a rule of law? >> keep doing what you are doing. keep doing it. sandra o'connor, one of my colleagues, feels very strongly about the fact that teenagers and high-school students are not learning civics. they do not know how the government of the united states works. she's been a lot of for time trying to develop programs on computers, television, that you can send into the classrooms. none of us thinks the rule of law is the american system in its entirety. we think the fact that people will apply and follow a rule of law is one thing that we think -- i think -- and is a national treasure. it is a treasure that has developed over many, many, many years with ma
understand what is law and what is rule of law? why should he meant to deal with each other in this way? -- humans deal with each other in this way? they know they cannot be influenced. in my family, when i was fighting with my parents, i could not win because they were my parents. what kind of steps will you allow ordinary people to understand the rule of law? why do we need a rule of law? >> keep doing what you are doing. keep doing it. sandra o'connor, one of my colleagues, feels very...
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Dec 24, 2012
12/12
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i did go to law school. in the early 1980's when i got out of law school, i went back to tennessee to practice. i was going around to law firms. there were not that many women in the law firms. i had guys interview me. they would sit me down and say, do you understand you have to try cases? >> [laughter] >> i said that is what i wanted to do and was excited about it. i have clients in the beginning, i would go in to meet them. afterwards, one of my partners would say that they say that was not what i expected. he did not know there was going to be a lady lawyer on this case. but i really liked trying cases. it was a lot of fun. then i was drawn into politics. throughout my career, i have been interested in how to change things for the better. i have been very fortunate to have lots of opportunities to serve. >> you mentioned your mother. your mother died of lung cancer. she was such a force in your life. >> i think it made me very strong because it was very clear i had no one to depend on but me. >> 3 the ol
i did go to law school. in the early 1980's when i got out of law school, i went back to tennessee to practice. i was going around to law firms. there were not that many women in the law firms. i had guys interview me. they would sit me down and say, do you understand you have to try cases? >> [laughter] >> i said that is what i wanted to do and was excited about it. i have clients in the beginning, i would go in to meet them. afterwards, one of my partners would say that they say...
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Dec 22, 2012
12/12
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once a disaster relief approximation is signed into law, we will enter into new contracts. we will restore the rock way line and repair damaged equipment, damage plans and communication equipment. as a work to bring our system back to normal, you must make the necessary investments to protect the system from future storms. we must rebuild smarter. the manhattan subway station is a perfect example. it serves over 30,000 riders per day. it was completely distorted due to superstorm sandy. we need to restore it. it was completely filled with corrosive saltwater. the last thing we want to do is come to congress for another $600 million when the next a disaster hits, but we will if we have to. it is in the interest of the american taxpayers. the superstorm sandy demonstrate that when mta shuts down, the nation poses -- nation's largest economy shuts down. our needs are great. this is a national issue. it is a national need. we need the federal's government help to get back on the road of recovery and protect assets for the future. once again, c for holding this hearing and givin
once a disaster relief approximation is signed into law, we will enter into new contracts. we will restore the rock way line and repair damaged equipment, damage plans and communication equipment. as a work to bring our system back to normal, you must make the necessary investments to protect the system from future storms. we must rebuild smarter. the manhattan subway station is a perfect example. it serves over 30,000 riders per day. it was completely distorted due to superstorm sandy. we need...
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Dec 24, 2012
12/12
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gi, who had been also wounded in the european theater, and he told senator inouye he wanted to go to law school and go to congress. bob dole was elected to congress one year after senator inouye. senator inouye always joked, "i went with the dole plan, and i beat him. " he has been a soft and powerful voice. although he was an unabashed progressive democrat, he always put his country first and his party second. dan was a vital presence in the senate, and in death, he will remain a legend. his last words on earth, "aloha," and it is with a heavy heart that we did him aloha, we love you, to a legend of the senate, daniel inouye. -- we bid him aloha. >> good morning. on behalf of the united states house of representatives, i extend condolences to his family, colleagues, and constituents. in late 1963, a young freshman senator stood under the splenda dome, as we do now, in vigil and in prayer. years on, daniel inouye could still remember how quiet this ever boisterous rotunda became when president kennedy's casket arrived. all i heard him say he heard was the shuffling of feet. that day, abs
gi, who had been also wounded in the european theater, and he told senator inouye he wanted to go to law school and go to congress. bob dole was elected to congress one year after senator inouye. senator inouye always joked, "i went with the dole plan, and i beat him. " he has been a soft and powerful voice. although he was an unabashed progressive democrat, he always put his country first and his party second. dan was a vital presence in the senate, and in death, he will remain a...